Carriers might generate US$80 billion in simply 5 years from partnerships with organizations and ecosystems outdoors the normal insurance coverage sector The rising significance of partnerships within the insurance coverage trade is prompting carriers to undertake collaborative enterprise fashions and...
Applied sciences just like the Web of Issues (IoT) and synthetic intelligence (AI) are bettering quickly. As these new instruments change the best way folks stay and work, the implications for the insurance coverage sector are profound. Accenture's...
For conventional insurance coverage corporations—a few of which have been round for hundreds of years—remodeling into an Agile Enterprise is a herculean effort. Their legacies have been a supply of power; nevertheless, they will also be their Achilles heel....
AI’s normal impression on society is rising quickly, and in some methods the insurance coverage sector is on the forefront of the change. A few of the most fascinating findings of the 2018 Expertise Imaginative and prescient...
How European insurers and international insurtechs are utilizing cloud to drive progress and innovation In my earlier sequence on cloud, I checked out how cloud adoption is disrupting the insurance coverage business worldwide. On this new sequence, I’ll discover how...
Entries open for the 2019 Efma-Accenture Innovation in Insurance coverage Awards. The annual Efma-Accenture Innovation in Insurance coverage Awards have proved to be a helpful catalyst for innovation within the insurance coverage business. The 2019 awards are prone to showcase...
Insurers that relinquish conventional approaches to enterprise are prone to profit from digital disruption. Watching Apple’s market cap breach the US $ 1 trillion barrier, earlier than pulling again to nonetheless stellar ranges, I needed to remind myself what...
Highlights Practically half (46 p.c) of insurers anticipate to combine blockchain inside the subsequent two years, and the overwhelming majority (84 p.c) say blockchain-based ledgers and good contracts are reinventing the best way they interact with new companions. Blockchain will develop...
A “smart pivot” will allow carriers to spice up revenues by harnessing the facility of digital disruption. Insurers world wide are realizing that they should make some large adjustments to their companies. In the event that they don’t, they’ll wrestle...
The vacation season is in full swing, which implies a major rise in journey for vacation events and household gatherings. Contemplating the rise in autos on the roads, it's much more important that secure driving practices are adopted going...
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